Gulfport Energy Corporation Quarterly report pursuant to Section 13 or 15(d)

DIVESTITURES	3 Months Ended
DIVESTITURES	Mar. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]
DIVESTITURES	DIVESTITURES Sale of Water Infrastructure Assets On January 2, 2020, the Company closed on the sale of its SCOOP water infrastructure assets to a third-party water service provider. The Company received $50.0 million in cash proceeds upon closing and has an opportunity to earn potential additional incentive payments over the next 15 years, subject to the Company's ability to meet certain thresholds which will be driven by, among other things, the Company's future development program and water production levels. The agreement contained no minimum volume commitments. The fair value of the contingent consideration as of the closing date was $23.1 million. The divested assets were included in the amortization base of the full cost pool and no gain or loss was recognized in the accompanying consolidated statements of operations as a result of the sale.